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Ministry announces ELC tax revenue

The Ministry of Agriculture, Forestry and Fisheries said by the end of the first half of this year, it had collected about $600,000 in taxes from economic land concessions (ELCs) from 21 of the 223 private companies that received ELCs from the government, according to ...

May Titthara
http://www.khmertimeskh.com/news/27701/ministry-announces-elc-tax-revenue/

SMEs: don’t look down on local goods

The Ministry of Commerce and representatives of small and medium enterprises (SMEs) came together on Friday to discuss ways to boost the promotion of made-in-Cambodia goods, both in local and international markets, against a background of local supermarkets discriminating against these local products. Minister of Commerce ...

Sum Manet
http://www.khmertimeskh.com/news/29022/smes--don---t-look-down-on-local-goods/

Mekong states to close the development gap

Delegations from the five lower Mekong states met with officials from the Asia-Pacific region, the US and Europe yesterday to convene the 9th Lower Mekong Initiative (LMI) and Friends of the Lower Mekong (FLM) Regional Working Group aimed at devising strategies to strengthen infrastructure, connectivity ...

Safiya Charles
http://www.khmertimeskh.com/news/31043/mekong-states-to-close-the-development-gap/

Firms found guilty of illegal copper mining

The owners of two Chinese mining companies that attempted to transport illegally mined copper from Siem Reap province to Phnom Penh have been fined and handed suspended prison sentences, the Ministry of Mines and Energy announced on Thursday.   ...

Aun Pheap
https://www.cambodiadaily.com/news/firms-found-guilty-of-illegal-copper-mining-123372/

UN report highlights escalation of tensions in Cambodia

Shrinking political and civic space in the Kingdom is highlighted in a new report from the United Nations’ human rights commissioner and secretary-general ahead of a UN Human Rights Council discussion this month on Cambodia. ...

Leonie Kijewski
http://www.phnompenhpost.com/national/un-report-highlights-escalation-tensions-cambodia

Kolao revs up its investment

Kolao Group, a South Korean-owned automaker and distributor, plans to build factories in a proposed industrial park in Cambodia to assemble its proprietary line of automobiles and motorcycles, a company executive said yesterday. ...

Cheng Sokhorng
http://www.phnompenhpost.com/business/kolao-revs-its-investment

Plans spilt for oil refinery

A mysterious cluster of crude oil storage tanks recently constructed on the coast near Kampot are linked to a $400 million project by timber baron Try Pheap to build an industrial park and oil refinery, government officials confirmed yesterday. ...

Kali Kotoski and Cheng Sokhorng
http://www.phnompenhpost.com/business/plans-spilt-oil-refinery

Plans for solar-powered industrial park illuminated

A joint venture between South Korean and Cambodian investors is planning to establish an industrial park on approximately 100 hectares in Kampong Chhnang province with an on-site solar farm to provide cheap electricity for its tenants. ...

Cheng Sokhorng
http://www.phnompenhpost.com/business/plans-solar-powered-industrial-park-illuminated

Poipet SEZ to import power

A special economic zone (SEZ) in Poipet City has decided to import electricity from Thailand to ensure a reliable power supply as it expects the influx of more factories and investment. ...

Chea Vannak
http://www.khmertimeskh.com/news/35649/poipet-sez-to-import-power/

City to have mass transit system in place by 2023

Cambodia will have an automated gateway transit system (AGT) ahead of 2023 – when the country is due to host the Southeast Asian Games – with the Japan International Cooperation Agency (JICA) on track to complete the feasibility study by May next year, according to ...

May Kunmakara
http://www.khmertimeskh.com/5090885/city-mass-transit-system-place-2023/

Development council approves three projects worth $8M

The Council for the Development of Cambodia (CDC) approved three new investment projects with a combined investment capital of nearly $8 million, according to a release.​ ...

Post Staff
http://www.phnompenhpost.com/business/development-council-approves-three-projects-worth-8m

New forum to tackle problems in rice sector

Next month the Cambodia Rice Federation (CRF) will hold the sixth edition of the Cambodia Rice Forum, bringing major stakeholders in the sector together to discuss the future of the local rice industry and create a joint effort to ramp up production and exports. ...

Sum Manet
http://www.khmertimeskh.com/5095643/new-forum-tackle-problems-rice-sector/

Mired in Land Disputes, Villagers Find No Remedy in Courts

Since 2009, local human rights group Adhoc has documented 623 cases of land conflict in the country, yet only a little more than 10 percent of those cases were brought to court. The statistics highlight the lack of trust ordinary Cambodians have in the court system, says Adhoc, ...

Consumer price index climbs on food and fuel

Cambodia’s consumer price index (CPI) increased slightly year-on-year in July by 1.3 per cent, which was driven by increased food and fuel prices, according official data from the National Institute of Statistics (NIS). “The increase for all index groups was 1.3 per cent of inflation in July 2012 ...

http://www.phnompenhpost.com/index.php/2012091058593/Business/consumer-price-index-climbs-on-food-and-fuel.html

Construction sector investment soars

Investment in the Cambodian construction sector reached US$1.38 billion in the first seven months of 2012, an 85-percent rise over the same period last year, according to figures from the Ministry of Land Management, Urban Planning and Construction. During the January to July period this year, the ministry ...

http://etmcambodia.com

UAE- Lubna Al Qasimi heads Trade delegation to Cambodia and Thailand

Sheikha Lubna Bint Khalid Al Qasimi, Minister of Foreign Trade will lead a delegation on Monday to Cambodia and Thailand to discuss strengthening trade and investment ties with these countries. The delegation also included officials and representatives from national institutions and companies. ...

http://www.menafn.com/menafn/1093564536/UAE-Lubna-Al-Qasimi-heads-Trade-delegation-to-Cambodia-and-Thailand

Conference looks at status of the Kingdom's small but growing insurance sector

While Cambodia’s insurance sector has made significant progress over the past few years, it is still relatively small compared to other countries in the region and faces several hurdles. That was the judgment of Bou Chanphirou, deputy director of the financial industry department in the ...

http://etmcambodia.com

Microfinance institution Sathapana increases maximum loan limit

Microfinance institution Sathapana has increased its maximum loan size to US$200,000, a 300 per cent increase from the previous level of $50,000. The upgrade in loan size is a result of Cambodia’s good economic climate and the expectation that there will be demand among customers for ...

http://www.phnompenhpost.com/index.php/2012112359894/Business/microfinance-institution-sathapana-increases-maximum-loan-limit.html

China seeks to expand trade, investment ties with Cambodia

China sees Cambodia as one of the potential trade and investment partners among the Association of Southeast Asian Nations (ASEAN) and pledges to boost closer economic ties between the two countries, said a senior Chinese official on Tuesday. Wan Jifeisaid that his visit to Cambodia ...

http://english.peopledaily.com.cn/90001/90776/90883/7389759.html

Rice Millers to Increase Capital

Cambodian rice millers will increase their capital to purchase unmilled rice this season as bankers agreed to provide more loans, insiders said on Monday. Baitong will increase its capital to purchase up to 140,000 tonnes of fragrant unmilled rice, compared to last year’s 70,000 tonnes said ...

http://www.phnompenhpost.com/index.php/2012062857068/Business/rice-millers-capital.html

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